07 January 2025
The initial public offer (IPO) of Indo Farm Equipment Ltd was opened for public subscription on Tuesday. Till 5:00 pm on the second day of bidding on Wednesday, the Rs 260.15-crore IPO got a 54.74 times subscription receiving bids for 46,36,86,555 shares against 84,70,000 shares on offer. So far, the non-institutional investors (NII) category has received an 132.03 times subscription, while the quota for retail investors got subscribed by 46.07 times. The QIB category got a 11.96 times subscription. https://www.news18.com/business/ipo/indo-farm-equipment-ipo-day-2-check-subscription-status-gmp-today-9174328.html

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